Recent Security Class Actions

Lyft Inc. Class A Common Stock (NASDAQ: LYFT)

Company Name:Lyft Inc. Class A Common Stock
Stock Symbol:NASDAQ: LYFT
Class Period Start:03/28/2019
Class Period End (inclusive):05/17/2019
Filing Deadline:07/16/2019

According to the Complaint, Lyft is a ridesharing company.

The Complaint alleges that Defendants made false and misleading statements in Lyft's registration statement and prospectus issued in connection with the company's March 29, 2019 initial public offering. The alleged misstatements involve Lyft's claims about its domestic market share, failure to disclose issues surrounding the safety of the company's bike sharing program, and labor issues.